LMENickel price and analysis (Deadline: October 10,2020)


Release time:2021-01-14



Contract Bid (US$/TON) Offer (US$/TON)
Cash 14990 14990
3-months 15028 15028
Dec 21 15220 15220
Dec 22 15423 15423
* LME Official Settlement Price = cash offerNote: The above data are from October 10,2020) 
Analysis: as of 10th, this month the price of London nickel still has a small fluctuation, but the overall trend is rising. Strong dollar trend and the need for hedge funds, the market wait-and-see mentality is strong, trading downturn. At present, the stock of nickel is basically stable, still hovering at the high level of more than 230,000 tons.